2005 (5) TMI 337

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....pande D.G., J. - The matter was heard by me on the last occasion when the Counsel for the respondent pointed out that this company has gone under the BIFR and this suit or appeal is not maintainable. Today, after going through the concerned letter dated 17-5-2004, which was given to me by the Counsel for the respondent, the Counsel for the appellant pointed out that the present suit is for a decla....

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....erative Bank Ltd. [2004] 52 SCL 550 (Bom.). The question involved in that case was whether section 22(1) of the said Act applies even to the appeals filed by an Industrial company against the order of the lower Court pertaining to a monetary claim against such industry. This is not the question involved in the present case. The judgment does not apply. 3. So far as the contention of the appella....